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Today we will analyze the stock PINNACLE ENERGY CORP (PENC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in PINNACLE ENERGY CORP (PENC.OB)
1- Last bullish trend was from 0.22 $ (3/1/2010) to 0.26 $ (3/2/2010) a 0.04 $ move
2- The current bearish trend started from 0.26 $ at 3/2/2010 and is currently trading at 0.24 $.

3- PENC.OB current support level is at 0.24 which is the 61.80 % fibonacci retracement of the last 0.04 $ move. 4- PENC.OB current resistance level is at 0.24 which is the 50.00 % fibonacci retracement of the last 0.04 $ move. 5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .PINNACLE ENERGY CORP (PENC.OB) Short term stock chart patterns for internet stock trading :

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